FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit. The joint statement from the Commerzbank works council and the Verdi union marks the starkest opposition yet by employee representatives of a possible tie-up between the two banks. The two groups said they...

07:46 AM EDT, 09/20/2024 (MT Newswires) -- General Motors ( GM ) is recalling 449,671 vehicles in the US to fix the electronic brake control module software, which may fail to display a warning light when the brake fluid runs low, the US National Highway Traffic Safety Administration said Friday. The recall includes certain 2023 Chevrolet Silverado 1500, GMC Sierra...

08:47 AM EDT, 09/20/2024 (MT Newswires) -- Apple ( AAPL ) is set to benefit from a $250 billion reshuffle as Friday's triple witching hits and technology is seen to be the only industry benefiting from the event, Bloomberg News reported, citing Piper Sandler data. The tech sector, which Apple ( AAPL ) makes up the bulk of, is expected...

06:17 AM EDT, 09/20/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) has increased its offer to settle claims over allegations is baby powder caused cancer to more than $8.2 billion, $1.7 billion more than its previous proposal, Bloomberg reported late Thursday, citing unnamed people familiar with the matter. Under the proposed terms to settle the years-long class action,...